1-bed · 839 sqftMarina Crown Tower, Dubai Marina · 23rd floor · completed 2006

2306, Marina Crown Tower

Sold prices and rental history: sold 4 times, last in November 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2306 · DLD and Ejari recordsUpdated 28 November 2022
Last soldAED 1.05M28 November 2022
Current rentAED 50K /yr20 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2306, Marina Crown Tower

What is 2306 worth today?

Last sold for AED 1,050,000 in 2022

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28 Nov 2022SoldReady
AED 1,050,000AED 1,252 per sqft
20 Sep 2021RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
26 Feb 2020RentedNew contract
AED 58,000/yr12 months · AED 69 per sqft
20 Oct 2018RentedNew contract
AED 68,000/yr12 months · AED 81 per sqft
27 Sep 2017RentedNew contract
AED 80,000/yr12 months · AED 95 per sqft
20 Apr 2017RentedRenewal
AED 40,000/yr12 months · AED 48 per sqft
20 Apr 2016RentedNew contract
AED 40,000/yr12 months · AED 48 per sqft
12 Apr 2015SoldReady
AED 800,000AED 954 per sqft

Source: Dubai Land Department. Updated 28 November 2022.

Key facts

Type
1-bed apartment
Size
839 sqft
Floor
23rd of 48
Parking
14(Mezz)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 14,000 /yr
Last sold
AED 1.05M · November 2022

About 2306, Marina Crown Tower

2306 is a one-bedroom apartment of 839 sqft on the 23rd floor of Marina Crown Tower, a 48-storey tower in Dubai Marina completed in 2006 by Al Zarooni Group of Companies. It last sold on 28 November 2022 for AED 1,050,000, or AED 1,252 per sqft, 23% above the AED 1,016 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 20 September 2021, is AED 50,000 a year: a gross yield of 4.8% on the 2022 price, before the service charge of about AED 14,000 a year.

Sales and rents for 2306 over time

Sales
Unit 2306, each saleTypical one-bed in Marina Crown Tower
500K1M20072012201720222027Typical sale price by year: 2007 AED 451,495; 2008 AED 650,000; 2009 AED 535,132; 2010 AED 750,000; 2011 AED 615,000; 2012 AED 730,000; 2013 AED 910,000; 2014 AED 1,050,000; 2015 AED 1,116,390; 2016 AED 980,000; 2017 AED 957,500; 2018 AED 800,000; 2019 AED 630,000; 2020 AED 570,000; 2021 AED 765,000; 2022 AED 820,000; 2023 AED 1,017,189; 2024 AED 1,200,000; 2025 AED 1,325,000; 2026 AED 1,220,757Sold by developer, October 2007: AED 451,495 (AED 538 per sqft)Sold, December 2008: AED 916,300 (AED 1,092 per sqft)Sold, April 2015: AED 800,000 (AED 954 per sqft)Sold, November 2022: AED 1,050,000 (AED 1,252 per sqft)

2306 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2306, each contractTypical one-bed in Marina Crown Tower
50K75K2012201620202024Typical rent by year: 2012 AED 55,000; 2013 AED 66,500; 2014 AED 80,000; 2015 AED 85,000; 2016 AED 80,000; 2017 AED 80,000; 2018 AED 67,000; 2019 AED 60,000; 2020 AED 50,000; 2021 AED 50,000; 2022 AED 58,000; 2023 AED 66,000; 2024 AED 77,000; 2025 AED 82,000; 2026 AED 76,202New contract, April 2016: AED 40,000 a yearRenewal, April 2017: AED 40,000 a yearNew contract, September 2017: AED 80,000 a yearNew contract, October 2018: AED 68,000 a yearNew contract, February 2020: AED 58,000 a yearNew contract, September 2021: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Marina Crown Tower, and where 2306 sits

All 159 1-beds →

2306 last sold in November 2022 at AED 1,252 per sqft, 23% above what one-beds in Marina Crown Tower were fetching at the time (AED 1,016). Over the last 12 months one-beds sold for AED 1,020,000 to 1,500,000, around AED 1,472 per sqft, and rent for AED 39,000 to 175,000 a year. 2306's AED 50,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Sep 20261,221,164
25 Aug 20261,020,000
27 Jun 20261,220,757
3 Jun 20261,140,935
10 1-bed sales in the last 12 months

Marina Crown Tower

Building

359 apartments, studios to 5-bed over 48 floors in Dubai Marina, completed in 2006 by Al Zarooni Group of Companies. 20 sold in the last 12 months.

Typical price per sqft
AED 1,472 Up 3.2%
Typical sale
AED 1.59M
Typical rent
AED 88K /yr
Typical yield
6.3%
Marina Crown Tower, Dubai Marina: prices, sales and rents →

Other units on the 23rd floor

All 359 units in Marina Crown Tower
Value
23011-bedAED 780K · May 2021
23022-bedAED 1.05M · Jan 2008
23031-bedAED 350K · Nov 2011
23041-bedAED 1.26M · Apr 2014
23052-bedAED 1.2M · Feb 2019
23071-bedAED 630K · Jan 2012
23082-bedAED 1.16M · Mar 2008
1–7 of 11

2306, Marina Crown Tower in numbers

  • Sold 4 times: first on 2 October 2007 for AED 451,495, last on 28 November 2022 for AED 1,050,000 (AED 1,252 per sqft).
  • Rented since April 2016 on 6 Ejari contracts, from AED 40,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2022 price is 4.8%, before a service charge of about AED 14,000 a year (AED 16.67 per sqft).
  • One-beds in Marina Crown Tower sold for AED 1,020,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,472 per sqft.

Source: Dubai Land Department. Updated 28 November 2022.

Questions about 2306, Marina Crown Tower

What did unit 2306 last sell for?

AED 1,050,000 on 28 November 2022: AED 1,252 per sqft for 839 sqft. The unit has 4 registered sales; the first was AED 451,495 in October 2007.

What is the rent for unit 2306?

AED 50,000 a year on the contract signed on 20 September 2021. The previous contract, from February 2020, was AED 58,000; the unit has been rented since April 2016.

How big is unit 2306?

839 sqft (77.9 sqm): a one-bedroom apartment on the 23rd floor of a 48-storey tower completed in 2006.

What is unit 2306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Crown Tower sold for AED 1,020,000 to 1,500,000 in the last 12 months, around AED 1,472 per sqft.

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Mortgage on 2306, Marina Crown Tower

Starts from the last sale price (AED 1.05M, 28 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →